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Hi,Looking at the systems here it seems like the Automatic is what is most popular. And when one looks at the EA's, they are either all in Demo-mode, variations of Martingale and/or have already collapsed under their system.

So, my question is: Doesn't anyone wanna learn to trade anymore or are everyone just looking at the easiest possible way and leaving the fate of their income in the hands of engineers?

Honestly thinking, i think that buy a good signal provider per month could be useful. Markets are dynamics and sometimes the high volatility causes biggest variations of prices, i don't know if EA will support the needs of one trader.

simple Ironman, 90% of EA's don't work in live. If you look at the details of their trades, they are mainly scalpers and a couple pips aren't enough sometimes to even pay the spread ! so ridiculous. When their not scalpers (because if they are they are of no value to me) then once again, they might work for a month, maybe 2 because market conditions are great and designed for the EA to work BUT after that what happens? EA might crash or strategy might not be as profitable as we thought it could !

SO bottom line is : EA's work for certain market conditions, some work very well but are owned by banks or institutions and of course NEVER sold on the internet ^^ . But you have to understand, the EA's who do work are always being coded again and again to adapt to market conditions. Their is no such thing as a robot trading and making money without you monitoring that EA.

SO no need to dream lol EA's are actually quite difficult to be profitable on the long run.. and that is not trading to me :)

EA's do have their place. Martingale EA's will make you money if used correctly. Take for example this scenario. Trader 'A' opens an account with $50. Runs a martingale EA at the most riskiest setting. The market is in range mode for approximately two weeks without any significant trend. Trader 'A' withdraws a couple of hundred or so from the account before the account blows up. Is he/she a winner? You decide...

wahjay posted:simple Ironman, 90% of EA's don't work in live. If you look at the details of their trades, they are mainly scalpers and a couple pips aren't enough sometimes to even pay the spread ! so ridiculous. ...

SO bottom line is : EA's work for certain market conditions, some work very well but are owned by banks or institutions and of course NEVER sold on the internet

I can't agree that 90% of EA don't work at all. They work but because they were written very badly they can't use all the factors. That's about free EA and most of all EA on the internet.

You can get some simple EA with strategy, which is interesting for you, and using it as the ground write your own EA. That's kinda similar to trade with your own strategy but in this way you should write all the conditions. The great advantage of it: you can always modify it as you want because you totally understand your EA.

In my opinion trading with EA is more efficient. But if and only if you write it by yourself.

If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.

If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.

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